confidence that our major segments of Intergrated PET and Fibers are unique and have limited impact from the heightening trade wars. The continuing attention on plastic waste is helping the industry move
accessibility to low cost of funding. Looking forward, fiscal stimulus will be maintained to ensure that the economic recovery remain on track. Vaccines for sustainable, inclusive and resilient economic growth
driven by lower industry-wide Integrated PET spreads. Going forward, management will focus on cost management initiatives, drive operational excellence, and working capital optimization in parallel with
next wave of growth in the Americas 2018 Corpus Christi (1/3 ownership in JV) Significant step forward in IVL value- creating strategy underpinning strong growth momentum Creates new and exciting
-2023 PET: 367 kta PTA: 433 kta Double digit ROCE 700-800 (till Dec’19: 381) Recycling projects PET recycling 2020-2023 ~600kta ROCE 12-14% 700-800 9 IVL Strategic Priorities Going Forward IVL remains
Quarter 2020 MD&A 8 IVL Strategic Priorities Going Forward IVL remains focused on its financial objective for 2023 - to achieve double-digit ROCE in each of its core businesses; top decile total shareholder
Working capital and inventory management IVL Strategic Priorities Going Forward IVL remains focused on its financial objective for 2023 - to achieve double-digit ROCE in each of its core businesses; top
in Asia. Going forward, structural changes taking place in Asia should benefit the industry as a whole. Lack of new announcements in capacity expansions and continued growth in demand is a positive
Reporting Standards (IFRS9) going forward. All of these factors may affect business adjustments of commercial banks in terms of provisioning expenses, risk calculation, capital maintenance and their overall
risks to be monitored going forward. An oversupply of condominium units in certain price ranges and areas, particularly condominium with price below THB 3mn, continued to increase, while the time taken